The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

The "Net Asset Value" (NAV) of a Market Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Market Vectors ETF investors should not expect to buy or sell shares at NAV.

The "After Tax Held" represents total return after taxes on distributions and assumes shares have not been sold. "After Tax Sold" represents total return after taxes on distributions and the sale of Fund shares. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. After-tax returns are based on NAV.

Growth of Hypothetical $10,000 Investment as of 03/03/2015

This graph illustrates a hypothetical $10,000 investment in the ETF invested at NAV. Returns reflect capital appreciation and the reinvestment of dividends and capital gains, if any, as well as all fees and expenses. The Index is unmanaged and includes the reinvestment of all dividends, but does not reflect the payment of transaction costs, advisory fees or expenses that are associated with an investment in the ETF. An index's performance is not illustrative of the Fund's performance. Indices are not securities in which investments can be made. Results reflect past performance and do not guarantee future results. For PEK, CNXT, and CBON, the Index returns included in the hypothetical growth chart have been converted
to USD.

Calendar Year Returns (%) as of 12/31/2014

The chart presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. For PEK, CNXT, and CBON, the Index returns included in the hypothetical growth chart have been converted to USD.

as of 01/31/15

Best & Worst Quarter Returns (%)

as of 12/31/14

Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.

Distribution History

Anticipated Dividend & Capital Gains Frequency: Annual

Ex-Date

RecordDate

Payable Date

DividendIncome

Short-TermCapital Gains

Long-TermCapital Gains

Return of Capital

Total Distributions

12/29/2014

12/31/2014

01/05/2015

$0.4310

None

None

None

$0.4310

10/01/2014

10/03/2014

10/07/2014

$0.4150

None

None

None

$0.4150

07/01/2014

07/03/2014

07/08/2014

$0.3400

None

None

None

$0.3400

04/01/2014

04/03/2014

04/07/2014

$0.3400

None

None

None

$0.3400

12/27/2013

12/31/2013

01/03/2014

$0.3555

None

None

None

$0.3555

10/01/2013

10/03/2013

10/07/2013

$0.3300

None

None

None

$0.3300

07/01/2013

07/03/2013

07/08/2013

$0.2499

None

None

None

$0.2499

04/01/2013

04/03/2013

04/05/2013

$0.2070

None

None

None

$0.2070

All registered investment companies, including Van Eck Associates Corporation, are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading Market Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant Market Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distribution are not indicative of future distributions.

Important Disclosure

Van Eck Global only serves professional clients in countries where the funds are registered or where funds can be sold in accordance with local private placement rules.

130-Day SEC Yield is calculated daily,
and is a standard yield calculation developed by the Securities and Exchange
Commission that allows for fairer comparisons primarily among bond funds. It is
based on the most recent 30-day period. This yield figure reflects the interest
earned during the period after deducting the fund's expenses for the period. It
does not reflect the yield an investor would have received if they had held the
fund over the last twelve months assuming the most recent NAV.
In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for Market Vectors Agribusiness ETF would have been 1.62% on 03/02/2015.

2MOO Fees &
Expenses: Van Eck Associates Corporation (the “Adviser”) has
agreed to waive fees and/or pay Fund expenses to the extent necessary to
prevent the operating expenses of the Fund (excluding acquired fund fees and
expenses, interest expense, offering costs, trading expenses, taxes and
extraordinary expenses) from exceeding 0.56% of the Fund’s average daily net
assets per year until at least May 1, 2015. During such time, the expense
limitation is expected to continue until the Fund’s Board of Trustees acts to
discontinue all or a portion of such expense limitation. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio".

4IIV is an abbreviation for an ETF's intraday
indicative value; it is an estimated fair value of its holdings based on the
most recent prices of its underlying securities and other assets. Intraday
values are typically updated every 15 seconds and should closely approximate
the net asset value (NAV) of an ETF throughout the trading day. ETF intraday
values are calculated by an exchange (e.g., the NYSE Arca) and are distributed
through quote services.

5Index data prior to March 18, 2013 reflects that of the DAXglobal Agribusiness Index (DXAG). From March 18, 2013 forward, the index data reflects that of the Fund's underlying index, Market Vectors Global Agribusiness Index (MVMOOTR). Index history which includes periods prior to March 18, 2013 reflects a blend of the performance of DXAG and MVMOOTR and is not intended for third party use.

For each fund with at least
a three-year history, Morningstar calculates a Morningstar Rating based on a
Morningstar Risk-Adjusted Return measure that accounts for variation in a
fund’s monthly performance (including the effects of sales charges, loads, and
redemption fees), placing more emphasis on downward variations and rewarding
consistent performance. The top 10% of funds in each category receive 5 stars,
the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5%
receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted
as a fraction of one fund within this scale and rated separately, which may
cause slight variations in the distribution percentages.) The Overall
Morningstar Rating for a fund is derived from a weighted average of the
performance figures associated with its three-, five- and ten-year (if
applicable) Morningstar Rating metrics.

An investment in the Fund may be subject to risks which include, among others, economic forces affecting agricultural commodities, energy and financial markets, as well as government policies and regulations, environmental laws and regulations, and a broad range of current and potential future environmental and food safety laws and regulations, all of which may adversely affect the Fund. Foreign and emerging markets investments are subject to risks, which include changes in economic and political conditions, foreign currency fluctuations, changes in foreign regulations, changes in currency exchange rates, unstable governments, and limited trading capacity which may make these investments volatile in price or difficult to trade. Small- and medium-capitalization companies may be subject to elevated risks. The Fund's assets may be concentrated in a particular sector and may be subject to more risk than investments in a diverse group of sectors.

Market Vectors Global Agribusiness Index is the exclusive property of Market Vectors Index Solutions GmbH (a wholly owned subsidiary of the Adviser), which has contracted with Solactive AG to maintain and calculate the Index. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards Market Vectors Index Solutions GmbH, Solactive AG has no obligation to point out errors in the Index to third parties. The Market Vectors Agribusiness ETF is not sponsored, endorsed, sold or promoted by Market Vectors Index Solutions GmbH and Market Vectors Index Solutions GmbH makes no representation regarding the advisability of investing in the Fund.

Index returns are not Fund returns and do not reflect any management fees or
brokerage expenses. Investors can not invest directly in the Index. Returns for
actual Fund investors may differ from what is shown because of differences in
timing, the amount invested and fees and expenses. Index returns assume that
dividends have been reinvested.

The S&P 500® Index consists of 500
widely held common stocks covering industrial, utility, financial and
transportation sector; as an Index, it is unmanaged and is not a security in
which investments can be made.

The “Net Asset Value” (NAV) of a Market
Vectors Exchange Traded Fund (ETF) is determined at the close of each business
day, and represents the dollar value of one share of the fund; it is calculated
by taking the total assets of the fund, subtracting total liabilities, and
dividing by the total number of shares outstanding. The NAV is not necessarily
the same as the ETF’s intraday trading value. Market Vectors ETF investors
should not expect to buy or sell shares at NAV.

Fund shares are not
individually redeemable and will be issued and redeemed at their NAV only
through certain authorized broker-dealers in large, specified blocks of shares
called "creation units" and otherwise can be bought and sold only through
exchange trading. Creation units are issued and redeemed principally in kind.
Shares may trade at a premium or discount to their NAV in the secondary market.
You will incur brokerage expenses when trading Fund shares in the secondary
market. Past performance is no guarantee of future results. Returns for actual
Fund investments may differ from what is shown because of differences in
timing, the amount invested, and fees and expenses.

Investing
involves substantial risk and high volatility, including possible loss of
principal. Bonds and bond funds will decrease in value as interest rates rise.
An investor should consider the investment objective, risks, charges and
expenses of the Fund carefully before investing. To obtain a prospectus
and summary prospectus, which contains this and other information, call
888.MKT.VCTR or visit marketvectorsetfs.com. Please read the prospectus and summary prospectus
carefully before investing.